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Important update
    Changes to the Bank of England Base Rate

    The Bank of England decreased Base Rate from 4.50% to 4.25% on Thursday 8th May 2025. Following this announcement, we will be reviewing how this impacts our current savings interest rates and this may mean we need to change your variable interest rate if this is applicable to your product. If we do, we will be in touch to let you know and provide you with your options.

    What do you have to do as executor/administrator of a person's will?

    The executor or administrator is usually expected to (this list is not exhaustive):

     

    • Register the death (usually within five days)
    • Arrange the funeral and any associated expenses
    • Pay any urgent expenses
    • Obtain appropriate legal documents e.g. the grant of probate
    • Notify banks, insurance companies etc.
    • Pay any tax liabilities such as inheritance tax liabilities
    • List all the assets and liabilities of the estate

     

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